Core Viewpoint - The domestic futures market for energy and chemicals is experiencing a decline, particularly in asphalt futures, which have dropped significantly due to geopolitical risks and supply concerns [1] Supply Side - Asphalt operating rate decreased by 1.4 percentage points week-on-week to 29.3%, but is still 3.8 percentage points higher than the same period last year [1] - Domestic asphalt production in September is expected to be 2.686 million tons, an increase of 273,000 tons month-on-month (11.3% increase) and a year-on-year increase of 683,000 tons (34.1% increase) [1] Demand Side - Improved weather in South China and market sentiment have led to better trading atmosphere and increased delivery volumes in key storage areas for asphalt [1] Market Outlook - The fundamental drivers for asphalt are weak, with both supply and demand increasing, leading to a stable low-price trend in the market. Future price movements are expected to be primarily influenced by international crude oil fluctuations [1]